Micron DRAM pricing in-line, says Pacific CrestAfter traveling with Micron's management, Pacific Crest says that the company's DRAM pricing trends are in-line with expectations and stable. The firm expects the company's DRAM margins to expand beginning in the second half of 2015 and into 2016. It continues to recommend buying the stock.

Micron upgraded to Outperform from Neutral at MacquarieMacquarie upgraded Micron to Outperform with a $40 price target based on expectations memory medium-term pricing trends will remain stable given structural supply constraints, which could result in $5B in free-cash-flow in CY16.